CDW Stock Recent News

CDW Corp.'s 4Q24 results show a return to y/y revenue growth, driven by a 4% increase in hardware sales, marking a key growth inflection point. The recovery in enterprise hardware demand, along with strong growth in cloud and security services, should drive significant revenue and earnings growth for CDW. CDW's operating leverage is set to improve, with revenue growth carrying high incremental margins due to mostly fixed costs and a lower cost structure.

CDW Corporation (NASDAQ:CDW ) Q4 2024 Earnings Conference Call February 5, 2024 8:30 AM ET Company Participants Steve O'Brien - Vice President-Investor Relations Christine Leahy - Chair and Chief Executive Officer Albert Miralles - Senior Vice President and Chief Financial Officer Conference Call Participants Amit Daryanani - Evercore ISI Samik Chatterjee - JPMorgan Chase & Co Ruplu Bhattacharya - Bank of America Keith Housum - Northcoast Research Erik Woodring - Morgan Stanley George Wang - Barclays Operator Good morning all, and thank you for joining us for the CDW Fourth Quarter 2024 Earnings Call. My name is Carly, and I'll be coordinating your call today.

CDW's Q4 performance gains from a strong business pipeline across all its sales units and international domains amid a dynamic macroeconomic backdrop.

Investors looking for stocks in the Computers - IT Services sector might want to consider either CDW (CDW) or CyberArk (CYBR). But which of these two companies is the best option for those looking for undervalued stocks?

Although the revenue and EPS for CDW (CDW) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

CDW (CDW) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.57 per share a year ago.

CDW on Wednesday beat Wall Street estimates for the fourth quarter, helped by growing demand for its IT solutions, as small- and medium-sized businesses continue to spend on the company's services.

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its Board of Directors has authorized a $750 million increase to the Company's share repurchase program and declared a quarterly cash dividend. The cash dividend of $0.625 per common share will be paid on March 11, 2025 to all sto.

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW): (Dollars in millions, except per share amounts) Three Months Ended December 31, Year Ended December 31,   2024     2023   % Chg.   2024     2023   % Chg. Net Sales $ 5,186.0   $ 5,018.5   3.3 % $ 20,998.7   $ 21,376.0   (1.8 )% Gross Profit $ 1,155.3   $ 1,153.8   0.1   $ 4,602.4   $ 4,652.4   (1.1 ) Gross Profit Margin   22.3 %   23.0 %     21.9 %   21.8 %   Operating Income $ 408.6   $ 435.0   (6.1 ) $ 1,651.3   $ 1,680.9   (1.

Get a deeper insight into the potential performance of CDW (CDW) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.